Topical Terminology > Profit Sharing Plan
Profit Sharing Plan
For Profit Sharing Plan we have terms and definitions in 3 topics. The topics are Accounting, Accounting Terms and Employee Benefits.
Profit Sharing Plan (Accounting) 
DEFINED CONTRIBUTION PLAN characterized by the setting aside of a portion of an entity's profits in participant's accounts. (See EMPLOYEE BENEFIT PLAN.)
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Profit Sharing Plan (Accounting Terms)
DEFINED CONTRIBUTION PLAN characterized by the setting aside of a portion of an entity's profits in participant's accounts. (See EMPLOYEE BENEFIT PLAN.)
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Profit Sharing Plan (Employee Benefits)
A type of defined contribution plan which generally permits the employer to designate the amount of the contribution to the plan on a year-by-year basis.
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